2 Shoe Shops In Staffordshire For Sale

Business description

Description:
Our client is looking to retire and seeks a buyer for their complimentary shoe stores located in Staffordshire.
Our client has set up a very interesting business model, which will be of benefit to other retailers looking to expand their own chains. Both stores are easily commutable if necessary but also come fully staffed and able to operate unaided on a day to day basis.

Premises Details:
Both are modern shops in good order and well presented.

Property information

Property:

Leasehold

Lease terms:

Shop 1 has a 20 year lease expiring August 2014.

Shop 2 has a 10 year lease expiring June 2018 but with a rent review due in 2013.

Location:

Both stores operate from High Street, town centre locations with the high footfall associated with being amongst national names such as Boots, WH Smith, Ladbrokes as well as banks and building societies.

Business Operation

Reasons for selling:

Retirement.

Years established:

32 years